# Explainer: Why has the Indonesian rupiah hit a record low despite dollar weakness? | Reuters

> The Indonesian rupiah has hit a record low against the dollar despite broad dollar weakness, falling about 3.5% in January. Investors have pulled capital from bonds over concerns about fiscal sustainability in Southeast Asia's largest economy.

- Date: 2026-01-20 · published 2026-01-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/21357-explainer-why-has-the-indonesian-rupiah-hit-a-record-low-despite-dollar
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Currency weakness in Indonesia is a macro factor for feed buyers because a weaker rupiah raises the local cost of imported feed ingredients and can affect Indonesian demand for soymeal and corn. The effect on global commodity prices is modest.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/why-has-indonesian-rupiah-hit-record-low-despite-dollar-weakness-2026-01-20/?taid=696f4096bc0abf00011171ba

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.